Company Formation

Formation of a company is the extremely first step towards a starting occurring a business. Company Registration is one of the most dominant services on which our unqualified is in force in Postal Park. People give competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is unconditionally online we at Meerad give our client subsequent to fastest Registration services in a cost efficient and timely manner.

A ration from Company registration we also give gamut of facilities which is one of the major advantage any fortune-hunter shall have if they hire us for the registration process. We have a height to summit timeline of 7 committed days for completing any type of Company registration in Postal Park provided the documents as provided by the client is within tolerable limits and the information truth by him is unchangeable in anything respect.

Company by definition is a separate legal entity determined from its members or directors. Initially a minimum of 2 members were required for incorporating a company but Companies Act, 2013 has brought the concept of One Person Company whereby forlorn a single enthusiast can incorporate a company subject to Definite terms and conditions.

Before going for registration it is necessary to pronounce which type of company shall be best suited for the purpose. The main mean of this article is to back you pick the best event format.

WHY COMPANY?

In order to allow your idea a platform to present yourself in the dynamic business environment.
Because it has centralized registration and lonesome one recognize will serve everything over the country for the strive for of entering into treaty or agreements, and local office can as a consequence be opened in the herald of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global response and shall bring the event at par behind global stakeholders and competitors.

STEPS INVOLVED IN INCORPORATION OF A COMPANY

STEP 1: CHOOSING THE BEST SUITED BUSINESS FORMAT

Once the business Place is ascertained, the enormously next step is choosing the type of situation registration. Various factors which are required to be kept in mind while choosing a concern format are:

Number of associates or members functioning in the business
Activity proposed to be undertaken
Area where such to-do shall accept place
Investment required in the business
Budget allotted to issue registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique publicize of the company. A company reveal generally consists of 3 parts, First Part is the Part we pick and it must be unique in anything respect, Second Part defines the business to-do proposed to be undertaken or Place of take effect of the company, like construction, education, services etc, Last portion determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first share is the most rarefied process. The state must be identical in anything respect and must deed mere attraction to any existing company or registered Trademark.

Search skill is available on MCA portal whereby the clients can check the availability of name upon both mca as well as register of Trademark.

Ministry of Corporate Affairs has after that introduced a unique pronounce reservation facility whereby the promoters can give 2 name and if the pronounce is available MCA shall remoteness such post which shall be welcoming for registration for the bordering 20 days. Clients can in addition to avail this facility by paying further cost for read out reservation.

STEP 3: PREPARATION OF DOCUMENTS AND FORMS

Documents are prepared and various forms are filled in order to start the process of Company Registration.

STEP 4: OBTAINING DIGITAL SIGNATURE CERTIFICATE

Class II Digital Signature Certificate is required for filing various forms gone MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best encounter the business argument of the company.

STEP 6: FILING OF FORMS WITH MCA

Once all the forms are filled and signed it is subsequently uploaded on the mca portal and based on the documents attached and subject to the availability of names and whatever other applicable rules and laws MCA shall issue authorize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian perform provides for basically three types of companies, depending on the number of members and proposed commotion you can choose you type and prepare your documents accordingly.
1. One Person Company

This is a agreed new concept whereby a single person can incorporate a company, this company comes under the definition of a Private limited Company.

Person incorporating the company must inform at the era of raptness a Nominee who in the issue of death or incapacity of the zealot shall became the aficionado of the company.

One Person Company can have a maximum of upto 15 directors, but the shall be forlorn one shareholder.

Restriction on One Person Company:

There shall be solitary one fanatic in the company.

The Authorised allowance capital of the company shall be less than or equal to Rs. 50 lakh
Annual turnover of the company in a firm financial year shall not at any narrowing exceed Rs. 2 crore.

In the matter of non consent of any of the above mentioned three points, the Director of the company shall compulsorily convert the One Person company into Private or Public Company.

Documents/Information Required for Incorporating an OPC

Sole Member and Nominee

A copy of PAN
A copy of Voter ID or Driving License or Aadhar Card
Upto date bank passbook or bank upholding or utility report in the declare of supporter or nominee.
2 Passport size photograph
Mobile Number and E mail Id

For Registered Office

A copy of Electricity Bill or A copy of Gas bank account and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall decrease with ……..(OPC) Private Limited.
Utility Bills shall not be older than 2 months.

2. Private Company

Best suited situation format whereby a minimum of 2 members can incorporate the company by fulfilling clear formalities. Private limited company does not have any restriction with reverence of number of members or turnover or share capital as there is later the one person company. So a person can accomplish business in hassle forgive manner without worrying about any impending non compliance. A private limited company shall have atleast 2 directors at any narrowing of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a zealot can transfer his/her part only after taking comply of anything the new shareholders.
A private company cannot pay for directly to public to subscribe for its securities.

Documents/Information Required for Incorporating a Private Limited Company

Members (Minimum 2)

A copy of PAN
A copy of Voter ID or Driving License or Aadhar Card
Up to date bank passbook or bank verification or utility story in the proclaim of members
2 Passport size photograph
Mobile Number and E mail Id

For Registered Office

A copy of Electricity Bill or A copy of Gas report and Gas Passbook

Company Name and Object.

The Name of the company ends in the same way as the word PRIVATE LIMITED

3. PUBLIC COMPANY

A minimum of 7 members out of which minimum 3 shall be the directors can incorporate a Public company to cater there concern needs.

This is the most gigantic and versatile form of event registration whereby public in general can afterward invest their maintenance and accept part in active mass of the company.

Public company limits the minimum number of embers to 7 but there is no such restrictions on maximum number of members. Incorporating a public company takes longer mature in comparison to further forms of concern registration.

Documents/Information Required for Incorporating a PUBLIC Limited Company

Members (Minimum 7)

A copy of PAN
A copy of Voter ID or Driving License or Aadhaar Card
Up to date bank passbook or bank declaration or utility bank account in the proclaim of members
2 Passport size photograph
Mobile Number and E mail Id

For Registered Office

A copy of Electricity Bill or A copy of Gas report and Gas Passbook

Company Name and Object.

The Name of the company ends later the word LIMITED

Contact us at

+91-85400-78000,

+91-85400-85000,

+91-85400-99000 (Calls and Whatapps both)

Email us at: info@meerad.in,